Chaos forgets and remembers: Measuring information creation, destruction, and storage

The hallmark of deterministic chaos is that it creates information-the rate being given by the Kolmogorov-Sinai metric entropy. Since its introduction half a century ago, the metric entropy has been used as a unitary quantity to measure a system's intrinsic unpredictability. Here, we show that it naturally decomposes into two structurally meaningful components: A portion of the created information-the ephemeral information-is forgotten and a portion-the bound information-is remembered. The bound information is a new kind of intrinsic computation that differs fundamentally from information creation: it measures the rate of active information storage. We show that it can be directly and accurately calculated via symbolic dynamics, revealing a hitherto unknown richness in how dynamical systems compute.